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Falling Wedge- Bullish - UpdateCHPT still hovering right above oversold territory on the RSI, however, has been holding a massive falling wedge for quite some time now. By no means is this a short term play, regardless, will be looking for a breakout from this wedge- Just some FIB levels along with some RSI-based supply and demand zones to keep an eye on - Bullish long **(See Previous Charts Below)** - Nearing the oversold range on the RSI (Slight bullish divergence on shorter timeframes) - Bollinger bands squeezing - Massive Falling Wedge - Good long-term entries PT1- $21.67 PT2- $24.09 PT3- $26.65 1-Hour Timeframe Previous Charts-
NYSE:CHPTLong
by jacobosiason7
2
Bullish Going Into Earnings- UpdateENPH is looking really nice here heading into earnings. All previous price targets were reached and the gap on the upside has been filled. Last quarter ENPH sold off on a slight earnings miss however 9 times out of 10 they will beat on earnings. Would like to see ENPH start to outperform other solar manufacturing companies such SEDG with respect to price action- but will certainly be looking for a gap-up and breakout from this triangle. Some support and resistance levels along with some RSI-Based supply and demand levels to keep an eye on- Bullish and looking for a breakout - Previous charts are attached below - Bullish all the way - Falling wedge on the weekly timeframe (See Chart Below) - Flagging on the hourly timeframe (Not Pictured) - Slight hidden bullish divergence on the RSI - SMA's converging and beginning to curl upwards - Symmetrical triangle on the daily timeframe PT1- $176.03 PT2- $182.30 PT3- $189.36 PT4- $191.48 Weekly Timeframe Previous Charts-
NASDAQ:ENPHLong
by jacobosiason7
2
Falling Wedge- Bullish - UpdateSQ frankly looking very Bullish here Going into Earnings. Bullish and looking for a breakout- Just some support and resistance levels to keep an eye on along with some RSI based supply and demand zones See Previous charts & weekly chart below Weekly Timeframe- - Ascending triangle forming on the weekly (See Chart Below) - Bollinger Bands squeezing - Slight hidden bullish divergence Daily TimeFrame - EMA's starting to curl upwards - Falling wedge - Sitting right on its 50 day Moving Average (Not Pictured) PT1- $261.28 PT2- $267.18 PT3- $271.76 PT4- $272.33 Previous Charts-
NYSE:XYZLong
by jacobosiason7
1
Falling Wedge- BullishBig falling wedge on FUTU here along with bullish hidden divergence on the RSI, still a bit wary of the broader sector with all the FUD surrounding sector regarding SEC Chair Gensler's comments, nonetheless will certainly be watching for a breakout from this wedge. Additionally has a small gap on the upside to fill from $77.61 to $81.38- just some support and resistance levels to keep an eye on in the meantime along with some RSI-based supply and demand zones
NASDAQ:FUTULong
by jacobosiason7
Falling Wedge- BullishI don't play SBUX often but frankly is setting up quite well here; Big falling wedge on the daily timeframe and also sitting on its 200 days moving average, Bollinger bands are squeezing on the 4-hour timeframe as well, some slight bullish hidden divergence on the RSI. Important to note SBUX has earnings coming up on 10/18' - Technicals all bullish and will be looking for a breakout (Broader Markets & Earnings Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - Falling Wedge on the daily timeframe - Bollinger bands squeezing on the 4-hour timeframe (Not Pictured) - Sitting on its 200 day EMA & SMA as well (SMA Not Pictured) - Slight bullish divergence on the RSI - Buyers stepping in PT1- $114.40 PT2- $115.64 PT3- $116.82 + Breakout
NASDAQ:SBUXLong
by jacobosiason7
3
Bullish- Breakout Play (Long)Had my eye on PYPL for quite some time now, RSI is still hovering right above the oversold range on almost every timeframe after selling off after earnings. Will be looking for a breakout (broader market conditions permitting) Bullish - just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones to keep an eye on- - Bullish ABCD Pattern Formed - Falling Wedge (Bullish)- Within a Larger Ascending Triangle - Sitting right on the 200-day EMA - Slight bullish divergence on the RSI PT1- $264.79 PT2- $269.18 PT3- $271.76 PT4- $274.08 + Breakout (*Previously Charted*)
NASDAQ:PYPLLong
by jacobosiason7
1
Falling Wedge- BullishShopify looking really nice here, certainly worth noting the 200 day EMA acting as strong support for SHOP as it has bounced off it three times since March, additionally Shopify does have earnings coming up on 10/28'. However, will be looking for a breakout from this falling wedge (Broader Market Conditions Permitting)- Just some support and resistance levels and some RSI based supply and demand zones to keep an eye on as well- bullish - Big falling wedge forming on the daily timeframe - EMA's starting to curl upwards - Hammer right off the 100-day EMA - Sitting on its 20-day SMA (Not Pictured) - Bollinger bands squeezing on shorter timeframes PT1- $1,435.50 PT2- $1,443.81 PT3- $1,451.70 + Breakout
SLong
by jacobosiason7
2
Update - Falling WedgeJust posting a quick update as ROKU is still looking very interesting here- Double top played out as expected- will be watching closely for a breakout here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish - Falling wedge ( bullish ) - RSI in oversold territory - MACD cross looks to be imminent - With buyer volume should really pop PT1- $328.71 PT2- $330.58 PT3- $339.90 + Breakout
NASDAQ:ROKULong
by jacobosiason7
2
Falling Wedge- Bullish - UpdateBig falling wedge on ENPH here while simultaneously bouncing off the 200-day EMA, Bollinger bands are also squeezing (not pictured). Will be watching closely for a breakout and push upwards here (broader market conditions permitting)- See previous charts on ENPH below as well as charts on ICLN & TAN - Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish PT1- $156.03 PT2- $159.33 PT3- $164.15 + Breakout Previous Charts- ICLN TAN
NASDAQ:ENPHLong
by jacobosiason7
1
Bullish- Triangle breakoutPersonally am bullish on SQ here- will be watching closely for a breakout - Sitting right on its 200day EMA - Nearing the oversold range on the 4-hour time frame - Falling wedge on the 1-hour timeframe and oversold on the RSI (See Chart Below) Should pop with buyer volume, (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - Bullish and will be looking for a breakout from this triangle PT1- $255.37 PT2- $267.18 PT3- $271.76+
NYSE:XYZLong
by jacobosiason7
16
Falling Wedge- BullishBig falling wedge on FSLY that it has been holding for quite some time now, however, is seemingly starting to break out of this formation- Bullish and will be looking for a breakout, just some FIB levels & RSI-based supply and demand zones to keep an eye on- - Closed Friday sitting right on its 20-day SMA (Not Pictured) - Bollinger Bands Squeezing - RSI has been in the oversold range for quite some time - Buyer volume starting to pick up - Weekly Timeframe (See Below) PT1- $44.35 PT2- $45.58 PT3- $46.30+
NYSE:FSLYLong
by jacobosiason7
Bullish- Looking for a breakoutROKU looking very interesting here- Double top played out as expected, however, ROKU held the longer-term uptrend quite nicely- will be watching closely for a breakout here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish - Falling wedge (bullish) on shorter timeframes, Bollinger bands also squeezing (See Chart Below) - Doji reversal right on the 200-day EMA - RSI in oversold territory - Buyer volume increasing relative to seller volume - MACD cross looks to be imminent PT1- $354.43 PT2- $357.50 PT3- $366.55
NASDAQ:ROKULong
by jacobosiason7
2